Bharat Express

NIFTY

Nifty and Sensex faced resistance at higher levels this week, leading to profit booking, as global macro uncertainties and mixed earnings kept investors wary.

Indian stock markets opened lower on February 12, with concerns over US President Trump’s tariff threats weighing on investor sentiment.

On Friday, the Indian stock market traded almost flat after the Reserve Bank of India (RBI) announced a 25 basis points (bps) cut in the repo rate.

On Thursday, the Indian stock market closed lower as investors awaited the RBI's MPC rate cut decision on 7 February.

At 9.36 am, the Sensex was trading almost 1.17 per cent or 898 points up at 77,657.84 while the Nifty was up 305 points or 1.30 per cent up at 23,557.05.

The domestic benchmark indices opened flat on Thursday as the US Federal Reserve meeting voted unanimously to pause the rate cut cycle, which started last September and has delivered 100 bps of cut to date.

The domestic benchmark indices opened higher on Tuesday after ending over a seven-month low in the previous trading session.

Indian equity markets saw a sharp decline on Monday due to weak global cues and concerns over US trade policies affecting investor sentiment.

Indian benchmark indices traded almost flat on Tuesday morning, tracking gains in Asia, after Donald Trump took over as the 47th US President and did not immediately impose trade tariffs as widely expected.

Indian benchmark indices opened higher on Monday, taking positive cues from their Asian peers, as traders geared up for Donald Trump's inauguration as the 47th US President.